Calculate the present value of ( 100) receivable at the end of five years using a discount
Question:
Calculate the present value of \(£ 100\) receivable at the end of five years using a discount rate of
(a) \(4 \%\),
(b) \(6 \%\) and
(c) \(8 \%\) per annum.
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Related Book For
Financial And Management Accounting An Introduction
ISBN: 9780273789215
6th Edition
Authors: Prof Pauline Weetman
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